Those who grew up in wealthy families are twice as likely to live in households making over £150K than other high-earning Brits who did not grow up rich
Politicians often talk about improving social mobility to allow those from modest backgrounds to rise up and take the best jobs through education, hard work and ability. Now YouGov research reveals whether it’s working.
YouGov’s Affluent Perspective polling of wealthy UK adults shows that the majority of rich Brits say they didn’t grow up wealthy, but are now. Nearly eight out of ten (79%) Britons whose household earns over £100,000 a year say they didn’t grow up in affluent in wealthy families, compared to just 21% who say they did.
However, looking at salary bands, those in households making over £150,000 a year are twice as likely to have come from wealthy families.
A third (35%) of those who grew up wealthy say they now live in households making over £150,000, this compares to 19% of rich Britons who say they didn’t grow up wealthy but now live in households with incomes over £150,000.
Those on household incomes of between £100,000 and £150,000 are more likely to have come from non-wealthy families however.
Those with households worth over a million pounds are also more likely to come from wealth, with 48% of Britons who say they grew up in affluent families now living in households worth over a million, compared to 40% who say their parents were not particularly wealthy.